The head of the European Central Bank Mario Draghi has called the idea of relaxing bank rules “very worrisome”.
His comments come after US President Donald Trump ordered a review of rules that were brought in to prevent a repeat of the 2008 financial crisis.
Draghi told the European Parliament’s committee on economic affairs in Brussels: “The last thing we need at this time is the relaxation of regulations.”
He continued: “I think to a great extend the fact that we are not seeing the develop…
READ MORE : http://www.euronews.com/2017/02/06/ecb-s-draghi-warns-against-us-relaxing-bank-rules
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